Lead is treading at very high level, i have 2 short position one at 106.80 and 108.90. I think it will take a U turn now because CDGO data is not good for US.
Core Durable Goods Orders m/m US 6:00pm -3.4%.
Please give ur opinions ...
Hi there. Even I have shorted 3 lots lead . It was suppose to turn down from 112-113 levels but to news in market of fed stimulus all the commodities rallied. Fall will be also sharper but we have to wait . Monday is really crucial day. Because it break th level of 115 so I am little scared.
It is trading above its envelop bands range. Usually a scrip should not trade above it for many days. Specially it overbought too. So one correction is expected as shown by Fibonacci retracement. Let See.